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Reading: XRP Strategy Sparks Excitement with Bold New Initiative
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COINTURK NEWS > Ripple (XRP) > XRP Strategy Sparks Excitement with Bold New Initiative
Ripple (XRP)

XRP Strategy Sparks Excitement with Bold New Initiative

In Brief

  • VivoPower launched a $121 million XRP-focused reserve strategy.

  • Company aims for larger share value multiplier than BTC or ETH.

  • XRP Coin's potential growth can surpass major cryptocurrencies.

Fatih Uçar
Fatih Uçar 8 months ago
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Saylor developed a Bitcoin $89,100-focused investment strategy long ago, and in the past year, many companies have followed in his footsteps. A similar strategy has been adopted for Solana $127 by a company in Canada. Now, it seems XRP Coin is taking center stage with a similar approach.

XRP Coin Reserve

Saylor’s strategy resulted in MSTR shares multiplying as the BTC price increased. The company, which has made billions, pledges not to sell its assets over the years. Interest in their shares has grown so much that they reached peaks last seen during the dotcom bubble. New companies adopting similar strategies have begun to emerge, and even Trump’s media company is moving to establish a $2.5 billion reserve.

In November, a similar move for Solana in Canada set the stage for spot ETF approvals of various altcoins. However, the significant news preceding these events has come for XRP Coin. VivoPower, a company listed on the Nasdaq, led by Saudi Prince Abdulaziz bin Turki Al Saud, has already gathered $121 million to establish a reserve strategy focusing on XRP.

The energy firm is making strides to become the first publicly traded company focusing on XRP Coin after appointing a former Ripple $2 executive as head of the advisory board. Compared to Bitcoin and Ethereum $2,953, the potential growth percentage of XRP Coin is deemed higher, aiming to create a more significant multiplier effect in the company’s share value.

However, XRP Coin did not significantly react to this news, as Trump’s team renewed its focus on countering China, and Bitcoin dipped below $107,000 at the time of writing. According to Binance TR data, XRP Coin is valued at $2.23.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 28 May, 2025 - 11:03 pm 28 May, 2025 - 11:03 pm
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